16:01-16:10 (of which 16:08-16:10 is a random closing period, if the market has been closed, you cannot place an order)
(1) All auction market orders cannot be changed or canceled after 16:06
(2) At auction market orders are matched in order
(3) Out of the risk control relationship, bid buying will freeze a part of the purchasing power, and the freezing ratio of different stocks is different. The frozen funds will be automatically refunded after the order is completed or canceled.
(4) Any unsold auction market order will be automatically canceled after the random closing
For more details about the closing auction, please refer to the information of the HKEX.
The at auction market order is a convenient transaction method provided by Futu for customers. Futu provides stable services as much as possible, but it cannot guarantee its absolute reliability. If there are other physical factors such as network interruption and server abnormality that result in the at auction market order not being executed, Futu will not be liable for any loss or damage caused thereby.